Thursday, 31 July 2014
Last updated 15 hours ago
Apr 13 2010 | 9:31am ET
Unigestion has a new hedge fund chief—and hopes this one lasts longer the his predecessor.
The Swiss asset manager named Man Group’s Philippe Gougenheim its new head of hedge funds. At the world’s largest publicly-listed hedge fund firm, Gougenheim was a senior fund of hedge funds portfolio manager.
Gougenheim will take up his new post on May 1. Patrick Fenal, CEO of Unigestion, which manages some US$3.1 billion in hedge fund assets, has managed its fund of hedge funds business since the departure last year of Konstantinos Iordanidis, a former Olympia Capital Management executive who lasted just five months on the job.
Fenal will remain active in Unigestion’s hedge fund business, the firm said.
For its part, Man said it had no plans to replace Gougenheim immediately.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…